Maxim Integrated Products Inc. (NASDAQ:MXIM) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has downgraded Maxim Integrated Products Inc. (NASDAQ:MXIM) to Sell in a statement released on Wednesday September 21, 2016.

On 9/20/2016, Maxim Group released a statement on Maxim Integrated Products Inc. (NASDAQ:MXIM) bumped up the target price from $0.00 to $50.00 that suggested an upside of 0.29%.

Boasting a price of $38.63, Maxim Integrated Products Inc. (NASDAQ:MXIM) traded 0.41% higher on the day. With the last close up 3.24% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Maxim Integrated Products Inc. has recorded a 50-day average of $40.19 and a two hundred day average of $37.60. Volume of trade was down over the average, with 1,752,617 shares of MXIM changing hands under the typical 2,334,370

Performance Chart

With a total market value of $0, Maxim Integrated Products Inc. has price-earnings ratio of 49.14 with a one year low of $30.28 and a one year high of $42.37 .

A total of 23 analysts have released a research note on MXIM. Three analysts rating the company a strong buy, eleven analysts rating the company a buy, eleven analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $39.33.